tiprankstipranks
PayPal call volume above normal and directionally bullish
The Fly

PayPal call volume above normal and directionally bullish

Bullish option flow detected in PayPal with 142,004 calls trading, 5x expected, and implied vol increasing over 1 point to 29.46%. 6/7 weekly 66 calls and 6/7 weekly 65 calls are the most active options, with total volume in those strikes near 20,800 contracts. The Put/Call Ratio is 0.25. Earnings are expected on July 31st.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App